Skanska reaches financial close on the I-4 Ultimate Project in Florida, USA

Skanska announced today that it has signed a concession agreement and reached
financial close with the Florida Department of Transportation (FDOT) for the
financing, design, construction, operation and maintenance of the I-4 Ultimate
Project in Orlando, Florida, USA.
Skanska is a 50 percent shareholder of I-4 Mobility Partners, and will invest up
to approximately USD 73 M, about SEK 483 M, of equity and subordinated debt. The
total design/build contract for the project amounts to about USD 2.3 billion,
about SEK 15.2 billion. Skanska has a 40 percent share of the contract worth
about USD 900 M, about SEK 6 billion, which will be included in the order books
for Skanska USA Civil in the third quarter of 2014.

Construction will begin in the first quarter of 2015 and is estimated to be
completed by 2021. The concession length is 40 years. Skanska Infrastructure
Development and John Laing are project sponsors and co-investors, with Skanska
-Granite-Lane as the construction joint venture and HDR-Jacobs as the design
joint venture, and Infrastructure Corporation of America for operations and
maintenance.

“As Florida’s largest transportation project ever, and the largest greenfield
public-private partnership in the US market to date, the I-4 Ultimate is
demonstration of how P3s can solve critical infrastructure needs and how Skanska
can be part of the solution,” says Johan Karlström, CEO and President of
Skanska.

The project consists of the reconstruction and widening of 34 kilometers of
Interstate 4 to accommodate new express lanes and associated improvements. The
project is based on availability payment.

Skanska Infrastructure Development is a leader in the global Public Private
Partnerships (PPP) market. The business unit invests in, develops and operates
roads, hospitals, schools, power plants and other social infrastructure in
partnership with the public sector.
For further information please contact:

Mary Humphreys, Skanska Infrastructure Development, tel +1 703 340 1235 or +1
571 309 5943

Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10 448 88 08

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com
Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction
groups with expertise in construction, development of commercial and residential
premises, and public-private partnership projects. Based on its global green
experience, Skanska aims to be the client’s first choice for green solutions.
The group currently has 57,000 employees in selected home markets in Europe, the
US and Latin America. Skanska's sales in 2013 totaled SEK 136 billion.